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Online Gambling Player Rush Street Wins Support of Blank Check Firm To Go Public

PYMNTS

The blank check operation that will take Rush Street Interactive public fits the profile. RSI currently holds online gambling licenses in Illinois and Pennsylvania, states where Bluhm’s company Rush Street Gaming has casinos, as well as New Jersey, Colorado and Indiana. RSI is projecting $321 million in revenue for its fiscal 2021.

Online 142
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Simon?Drops $3.6B Mall Deal, Sues Taubman Centers

PYMNTS

In a complaint filed with the Oakland County Circuit Court in Pontiac, Michigan, Indiana-based Simon Property Group said it is suing Taubman Centers for violating terms of the deal.

Michigan 131
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Possible Sale Of Cars.com Comes Amid Stronger Digital Ties For Automotive

PYMNTS

The paper reported that, in May, the online retailer “added two directors to its 11-member board that were nominated by activist investor Starboard Capital. A Walmart representative said locations will open in Georgia, Illinois, Indiana and Virginia soon, as well as on a microsite on Walmart.com. The takeaway of those personal moves?

Indiana 105
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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. 5G Potential.

Mobile 168
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CFPB: Are They Coming to Get You?

Jeff For Banks

Knowing this, very large financial institutions operate branches where they can have greater scale to drive greater profitability, which frequently excludes LMI neighborhoods, creating what is termed "bank deserts." The operating cost is largely attributable to the distribution through the branch network and regulation.

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Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. The bank operates thirteen branches, eleven in northern California and two in Nevada. It also operates four loan production offices, three in California and one in Oregon. First Capital, Inc. Nasdaq: FCAP) First Capital, Inc.

Indiana 78
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Why Banks Merge: Listen to the Sellers

Jeff For Banks

." - Gregory Schreacke, President of First Financial Service Corporation in Elizabethtown, KY on his bank''s sale to Community Bank Shares of Indiana, Inc. Read: We need to be bigger and have more capital to keep up with regulation and the industry. Read: We only have $10 million in capital and can''t get more on our own.